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  • Articles  (9)
  • Environment  (5)
  • Cosmetics  (4)
  • Oxford University Press  (9)
  • American Chemical Society
  • American Institute of Physics (AIP)
  • De Gruyter
  • Institute of Physics
  • Society of Petroleum Engineers
  • Wiley
  • 2015-2019  (2)
  • 2010-2014  (7)
  • 1980-1984
  • 1955-1959
  • 1945-1949
  • Economics  (9)
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  • Articles  (9)
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  • 2015-2019  (2)
  • 2010-2014  (7)
  • 1980-1984
  • 1955-1959
  • 1945-1949
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  • 1
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    Managing Quantity, Quality, and Timing in Indian Cane Sugar Production: Ex Post Marketing Permits or Ex Ante Production Contracts? (2015)
    Oxford University Press
    Details
    Publication Date: 2015-09-30
    Description: Private sugar processors in Andhra Pradesh, India use an unusual form of vertical coordination. They issue ‘permits’ to selected cane growers a few weeks before harvest. These permits specify the amount of cane to be delivered during a narrow time period. This article investigates why processors create uncertainty among farmers using ex post permits instead of ex ante production contracts. The theoretical model predicts that ex post permits are more profitable than ex ante contracts or the spot market under existing government regulations in the sugar sector, which include a binding price floor for cane and the designation of a reserve area for each processor wherein it has a legal monopsony for cane. The use of ex post permits creates competition among farmers to increase cane quality, which increases processor profits and farmer costs. Empirical analysis supports the hypothesis that farmers operating in private factory areas have higher unit production costs than do their counterparts who patronize cooperatives.
    Keywords: L14 - Transactional Relationships ; Contracts and Reputation ; Networks, L22 - Firm Organization and Market Structure, L66 - Food ; Beverages ; Cosmetics ; Tobacco ; Wine and Spirits
    Print ISSN: 0258-6770
    Electronic ISSN: 1564-698X
    Topics: Economics
    Published by Oxford University Press
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  • 2
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    An Efficient Nonmarket Institution under Imperfect Markets: Labor Sharing for Tropical Forest Clearing (2014)
    Oxford University Press
    Details
    Publication Date: 2014-04-05
    Description: This article examines the substitutability, productivity, efficiency, and evolution of an important agrarian nonmarket institution—labor sharing. Analysis of field-level data on forest clearing through time among Amazonian shifting cultivators reveals that ( a ) family, hired, and cooperative labor are perfect substitutes, and hired and cooperative labor are equally productive, and both are more productive than family labor; ( b ) the combination of labor market and labor sharing makes productivity-adjusted total labor use unconstrained by household and network endowments (i.e., efficient labor allocation); and ( c ) as labor composition is constrained by network endowments and liquidity, credit policies alter both labor composition and labor network formation.
    Keywords: O13 - Agriculture ; Natural Resources ; Energy ; Environment ; Other Primary Products, O15 - Human Resources ; Human Development ; Income Distribution ; Migration, O17 - Formal and Informal Sectors ; Shadow Economy ; Institutional Arrangements
    Print ISSN: 0002-9092
    Electronic ISSN: 1467-8276
    Topics: Agriculture, Forestry, Horticulture, Fishery, Domestic Science, Nutrition , Economics
    Published by Oxford University Press
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  • 3
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    The Transition to Modern Agriculture: Contract Farming in Developing Economies (2014)
    Oxford University Press
    Details
    Publication Date: 2014-09-02
    Description: Recent years have seen considerable interest in the impact of contract farming on farmers in developing countries, motivated out of belief that contract farming spurs transition to modern agriculture. In this article, we provide a thorough review of the empirical literature on contract farming in both developed and developing countries, using China as a special case of the latter. We pay careful attention to broad implications of this research for economic development. We first find empirical studies consistently support the positive contribution of contract farming to production and supply chain efficiency. We also find that most empirical studies identify a positive and significant effect of contract farming on farmer welfare, yet are often unable to reach consistent conclusions as to significant correlates of contract participation.
    Keywords: L23 - Organization of Production, O13 - Agriculture ; Natural Resources ; Energy ; Environment ; Other Primary Products
    Print ISSN: 0002-9092
    Electronic ISSN: 1467-8276
    Topics: Agriculture, Forestry, Horticulture, Fishery, Domestic Science, Nutrition , Economics
    Published by Oxford University Press
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  • 4
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    Investment Age and Dynamic Productivity Growth in the Spanish Food Processing Industry (2016)
    Oxford University Press
    Details
    Publication Date: 2016-04-24
    Description: This article analyzes the relation between investment age, measured as the number of years since investment spike, and dynamic productivity growth and its components, which include dynamic technical change, dynamic inefficiency change, and dynamic scale inefficiency change. The empirical application focuses on firm-level data for the Spanish food processing industry covering the period from 1996 to 2011. This investigation of the impact of firms' investment decisions on productivity growth employs a dynamic production framework and analyzes the impact of these decisions on the components of dynamic productivity growth. Our findings show that dynamic productivity growth is negatively affected by investment spikes in both the meat processing and oils and fats industries, and that dynamic inefficiency change initially falls just after the infusion of large investment for oils and fats firms, but then grows as the firms acquire experience with this investment. We further find that investment spikes lead to improvements in dynamic technical change and worsening in dynamic technical inefficiency change in the meat processing industry, while dynamic scale inefficiency change was negatively impacted in both industries.
    Keywords: D24 - Production ; Cost ; Capital and Total Factor Productivity ; Capacity, D92 - Intertemporal Firm Choice and Growth, Investment, or Financing, L66 - Food ; Beverages ; Cosmetics ; Tobacco ; Wine and Spirits
    Print ISSN: 0002-9092
    Electronic ISSN: 1467-8276
    Topics: Agriculture, Forestry, Horticulture, Fishery, Domestic Science, Nutrition , Economics
    Published by Oxford University Press
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  • 5
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    The Impact of Credit Constraints on Farm Households: Survey Results from India and China (2013)
    Oxford University Press
    Details
    Publication Date: 2013-11-22
    Description: India and China have the largest farm-household populations in the world—populations that are also among the poorest. Among the many factors that affect farm livelihoods, access to credit has been identified as a significant barrier preventing the escape from poverty. While there has been significant research on credit constraints in developing countries, there is surprisingly little information pertaining to the actual impacts of credit constraints on household well-being. The objective of this paper is to investigate the impacts of credit constraints on various factors affecting farm households, such as physical and human capital formation, agricultural inputs applications, consumption smoothing, and wage-seeking behavior using direct elicitation. This paper contributes to the literature and policy debates by comparing the effects of credit constraints in China and India as surveyed in 2008–2009. The analytical results and data demonstrate that binding credit constraints adversely affect a broad range of production and livelihood choices. We empirically show that credit constraints negatively affect food consumption, farm input applications, and health and educational attainments.
    Keywords: O13 - Agriculture ; Natural Resources ; Energy ; Environment ; Other Primary Products, O17 - Formal and Informal Sectors ; Shadow Economy ; Institutional Arrangements, Q12 - Micro Analysis of Farm Firms, Farm Households, and Farm Input Markets, Q13 - Agricultural Markets and Marketing ; Cooperatives ; Agribusiness
    Print ISSN: 2040-5790
    Electronic ISSN: 2040-5804
    Topics: Agriculture, Forestry, Horticulture, Fishery, Domestic Science, Nutrition , Economics
    Published by Oxford University Press
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  • 6
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    Long-run and Short-run Co-movements in Energy Prices and the Prices of Agricultural Feedstocks for Biofuel (2014)
    Oxford University Press
    Details
    Publication Date: 2014-07-23
    Description: Recent expansions in biofuel production have led to concerns about an emerging "new relationship" between energy prices and the prices of agricultural feedstock for biofuel. We provide new econometric evidence on this relationship using common trend-common cycle decompositions to estimate long-run and short-run co-movement across various energy and agricultural prices. We also test for the presence of regime changes that may alter the relationship between energy and agricultural feedstock prices under certain conditions. We find that co-movements between energy and agricultural feedstock prices tend to dissipate in the long-run, which has important implications for biofuel and food policy.
    Keywords: O13 - Agriculture ; Natural Resources ; Energy ; Environment ; Other Primary Products, Q11 - Aggregate Supply and Demand Analysis ; Prices, Q20 - General
    Print ISSN: 0002-9092
    Electronic ISSN: 1467-8276
    Topics: Agriculture, Forestry, Horticulture, Fishery, Domestic Science, Nutrition , Economics
    Published by Oxford University Press
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  • 7
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    Spatial distribution of organic farming in Germany: does neighbourhood matter? (2012)
    Oxford University Press
    Details
    Publication Date: 2012-08-03
    Description: The spatial distribution of organic farming can be explained by combining the traditional location factors that account for spatial heterogeneity with the concept of spatial dependence. We present a theoretical model that explains a farmer's decision to convert to organic farming, and this conceptual framework is then implemented in a spatial lag model by using secondary data for Germany at the county level. The results support the assertion that agglomeration effects are important in the organic farming sector. Potential policy implications include a concentration of development measures for organic farming in certain regions.
    Keywords: C21 - Cross-Sectional Models ; Spatial Models ; Treatment Effect Models, O13 - Agriculture ; Natural Resources ; Energy ; Environment ; Other Primary Products, R12 - Size and Spatial Distributions of Regional Economic Activity
    Print ISSN: 0165-1587
    Electronic ISSN: 1464-3618
    Topics: Agriculture, Forestry, Horticulture, Fishery, Domestic Science, Nutrition , Economics
    Published by Oxford University Press
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  • 8
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    Network externalities in supermarket retailing (2012)
    Oxford University Press
    Details
    Publication Date: 2012-12-28
    Description: Supermarkets face a two-sided demand for shelf space: consumers demand variety and suppliers demand shelf space. We exploit the asymmetric ability of consumers and suppliers to internalise network effects to derive a novel test of network effects in multi-product retail markets. Because consumers fully internalise network effects but suppliers cannot, retail margins rise and wholesale margins fall as variety increases. We test this hypothesis using retail scanner data for a ‘shopping basket’ of items from competing retailers using a structural model of retail variety and vertical pricing. Our results support the existence of positive, two-sided network effects in supermarket retailing.
    Keywords: C35 - Discrete Regression and Qualitative Choice Models, L11 - Production, Pricing, and Market Structure ; Size Distribution of Firms, L13 - Oligopoly and Other Imperfect Markets, L66 - Food ; Beverages ; Cosmetics ; Tobacco ; Wine and Spirits, L81 - Retail and Wholesale Trade ; e-Commerce
    Print ISSN: 0165-1587
    Electronic ISSN: 1464-3618
    Topics: Agriculture, Forestry, Horticulture, Fishery, Domestic Science, Nutrition , Economics
    Published by Oxford University Press
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  • 9
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    Profit persistence in the food industry: evidence from five European countries (2013)
    Oxford University Press
    Details
    Publication Date: 2013-11-02
    Description: The present article is the first that analyses profit persistence in the European food industry. Based on the Arellano and Bond GMM estimator, the degree of profit persistence and the drivers of persistence are quantified for a large sample of food processing firms. The analysis reveals that the degree of profit persistence in the food industry is lower compared with other manufacturing sectors due to strong competition among food processors and high retailer concentration. Furthermore, firm size is an important driver of persistence, while firm age, risk and R&D intensity have a negative influence.
    Keywords: L12 - Monopoly ; Monopolization Strategies, L66 - Food ; Beverages ; Cosmetics ; Tobacco ; Wine and Spirits, M21 - Business Economics
    Print ISSN: 0165-1587
    Electronic ISSN: 1464-3618
    Topics: Agriculture, Forestry, Horticulture, Fishery, Domestic Science, Nutrition , Economics
    Published by Oxford University Press
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